Market consolidation around innovators or market giants can lead to a number of implications. Firstly, it can lead to a decrease in competition as these large companies dominate the market, potentially leading to higher prices for consumers. Secondly, it can result in a lack of innovation as smaller companies, which often drive innovation, are unable to compete. Thirdly, it can lead to job losses as smaller companies are forced out of business. Lastly, it can result in a concentration of power and wealth, which can have broader societal implications.
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